If a State Decides to Reduce the Cost of College

question 132

Multiple Choice

If a state decides to reduce the cost of college tuition,by providing more Pell grants to students ceteris paribus,then the:

• A) Quantity demanded of a college education in the state will decrease.
• B) Demand for a college education in the state will decrease.
• C) Quantity demanded of a college education in the state will increase.
• D) Quantity supplied of a college education in the state will increase.

---

Definitions:

Infant Mortality Rate

A statistical measure representing the number of infant deaths per 1,000 live births in a given year.

The Congo

A country located in Central Africa, formally known as the Democratic Republic of the Congo, known for its rich natural resources but also its political instability.

Farm Productivity

The measure of output (such as crops or livestock) produced per unit of input (like labor or land) in agricultural activities.

Developing Countries

Nations with lower levels of industrialization, lower standards of living, and often lower Human Development Index (HDI) scores than developed countries.